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Information for investors seeking E-2 visas following the acquisition of treaty country citizenship by investment (“CBI”) is especially relevant in light of the changes in the EB-5 program post-November 20, 2019. This article will highlight country options available for those investors whose country (e.g. China, India, Vietnam, and others) does not have E-2 visa availability,… Read More

When the investor’s EB-5 petition has been approved, but there has been fraud or misappropriation of funds by the regional center, NCE or project, the investor retains their priority date. Where there is fraud by the investor resulting in the approval of an EB-5 petition, the priority date is not retained. If there is a… Read More

A federal appeals court in Washington has ruled that U.S. Citizenship and Immigration Services (USCIS) unreasonably denied a group of investors’ petitions for EB-5 visas on the basis that their investment didn’t comply with the rules of the program.

The new EB-5 regulations came into effect on November 21, 2019, and several amendments have been introduced to the program. Established in 1990 by the Immigration Act of 1990, the EB-5 Immigrant Investor Visa Program allows eligible, foreign investors to become lawful permanent residents by investing at least $900,000 to finance a business in the… Read More

The U.S. Department of Homeland Security (DHS) finalized regulations which may upend the EB-5 investor visa program. The rule, which increases minimum investment amounts in TEA areas to $900,000 from $900,000 and all other areas to $1.8 million from $1.8 million, will go into effect on November 21, 2019. The adjustments to the minimum investment… Read More

New rules will be published by the government on July 24, 2019 that will take effect on November 21, 2019. The main rule changes that are confirmed as of now are: TEA (Targeted Employment Area) investment amount for the EB-5 visa has been raised to $900,000, while areas outside a TEA will now require a… Read More

The congressional appropriations bill passed last month included an extension of the EB-5 Regional Center program through September 30, 2019. We expect that the program will be extended in the future as well. This change will not affect applications from investors who are looking to create their own business. Immigration Options for Indian Nationals Many… Read More

Recent news out of the Office of Management and Budget (“OMB”) suggests that an increase to the EB-5 minimum investment amount may come in the next few months. OMB recently moved a regulation that would increase the minimum investment amount to the review stage, the last stage before the rule will be finalized, published and… Read More

Over the past few weeks, I have been posting thoughts on the key EB-5 developments of 2018. We’ve covered changes to the Regional Center Program, as well as the shifts in wait times and utilization that the program has seen recently. Today I’ll be closing out our 2018 review series by discussing the changes that… Read More

Information Regarding I-829 Receipts In order to file for the removal of conditions on their permanent resident status, investors must complete the I-829 Form. It will only be approved if an EB-5 investor can prove that 10 jobs were created and the investment was maintained at risk. The USCIS will issue a receipt once the… Read More